Core Insights - Momentum investors focus on "buying high and selling higher" rather than traditional strategies of buying low and waiting for recovery [1] - Identifying the right entry point for fast-moving stocks can be challenging, as they may lose momentum if future growth does not justify their high valuations [2] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy [3] Company Analysis: Commercial Metals (CMC) - CMC has shown a price increase of 2.1% over the past four weeks, indicating growing investor interest [4] - The stock has gained 12.8% over the past 12 weeks, with a beta of 1.32, suggesting it moves 32% more than the market [5] - CMC has a Momentum Score of A, indicating a favorable time to invest [6] - The stock has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [7] - CMC is trading at a Price-to-Sales ratio of 0.85, suggesting it is undervalued at 85 cents for each dollar of sales [7] Investment Opportunities - CMC appears to have significant growth potential and is part of a broader list of stocks that meet the 'Fast-Paced Momentum at a Bargain' criteria [8] - There are over 45 Zacks Premium Screens available for investors to identify winning stock picks based on their investing style [9]
Why Fast-paced Mover Commercial Metals (CMC) Is a Great Choice for Value Investors